Press Room
Prosegur increases net profit by 80.2% to €64 million
EBITA increases by 15.9% thanks to strong growth in profitability and efficient management of financial results.
Madrid, July 29, 2025. Prosegur, a global leader in security solutions, today presented its results for the first half of 2025, highlighting solid organic growth in sales and a significant improvement in profitability. During this period, Prosegur’s financial performance was outstanding, with total sales reaching €2.467 billion, an increase of 5.1% and a rise in net profit of 80.2% to €64 million compared to the same period last year.
In terms of profitability, Prosegur’s performance has been robust, with 15.9% EBITA growth of €170 million and a significant improvement in its margin to 6.9%. Organic growth continues to be the driving force behind the company's expansion during the first half of 2025, with double-digit growth of 13.8%.
Prosegur's global presence and strategic focus on technological innovation have been key factors driving this exceptional growth across all the regions were it operates. This momentum is expected to continue in the second half of the year, accompanied by a further improvement in organic profitability.
Latin America, which accounted for 47.6% of total revenue, grew by 1.9% year-on-year, reaching a turnover of €1.175 billion. Europe, meanwhile, recorded growth of 4.8%, with sales of €989 million, 40.1% of the group's revenue. In the rest of the world, sales reached €303 million, experiencing strong growth of 20.9%. These results reflect Prosegur's solid global presence and its ability to efficiently pass on cost increases to rates, ensuring sustainable growth in its main regions, despite currency and calendar effects.
The Prosegur Group has continued to demonstrate a high degree of financial strength, maintaining a moderate level of leverage despite investments in growth, with net debt under control. Net financial debt at the end of the first half of the year stood at €1.314 billion, with an average cost of 2.4%, 0.4% lower than in the same period in 2024. The level of indebtedness has decreased with a net financial debt to EBITDA ratio of 2.3 times, compared to 2.8 times in June 2024.
BUSINESS PERFORMANCE BY BUSINESS SEGMENT
Prosegur Security: strong organic growth and improved margins and cash flow
In the first half of 2025, Prosegur Security stood out for its solid performance, reporting total sales of €1.294 billion, representing an increase of 7.9% compared to the same period last year. This increase was driven by an organic growth strategy of 16%, achieving positive results in all countries where it operates, with particular emphasis on the US and Spanish markets.
In terms of profitability, it continued to show a strong recovery in the first half of the year, with growth of 12.1% compared to the same period last year, reaching EBITA of €38 million. Innovation has been one of the keys to success for this business line. The company continues to strengthen its ability to offer advanced technologies that adapt to changing market needs through its Hybrid Security concept, which combines cutting-edge technology and trained personnel. In addition, it has improved its margins thanks to the momentum derived from growth, achieving an adequate gross margin (led by its performance in the US) of 2.94% (improving by more than 11 basis points year-on-year), which has enabled optimal scalability in indirect spending and improved EBITA. Operating cash flow improved by €36 million, an increase of 181.4% compared to the first half of 2024.
Prosegur Security's focus on its expansion in the United States is another important aspect, as it continues to open new offices in different states across the country. This ambitious strategy seeks to consolidate its presence in one of the most profitable regions for the company, as it is expected to contribute significantly to its growth and profitability in the future.
Prosegur Cash: solid organic growth and sales of transformation products
During the first half of 2025, Prosegur Cash sales reached €1.005 billion, growing by 0.7% year-on-year. Despite the impact of currency fluctuations, this result was driven by organic growth of 9.7%, supported by both an increase in volumes and higher prices, as well as improved geographical and product diversification. In this regard, growth continued in the company's main transformation solutions, including cash digitization solution Cash Today and the Forex currency exchange business.
Despite the negative exchange rate effect in some regions, Prosegur Cash demonstrated its ability to maintain sustained growth. EBITA reached €117 million in the first half of 2025, growing by 3.7%, excluding the extraordinary efficiency program driven by the strong growth of Cash Today and the normalization of the macroeconomic situation in Argentina, which together enable efficiency gains to be implemented across all routes globally.
During this half-year, Prosegur also maintained its focus on the penetration of new products, with Prosegur Cash achieving outstanding results from sales of transformation products, which accounted for 34% of its turnover and growth of more than 220 basis points as a percentage of sales. This demonstrates the company's broad capacity to adapt its business model and offer innovative solutions. In addition, at Prosegur Security, Hybrid Security solutions have continued to increase their presence in the customer base, being largely responsible for the growth and improvement of margins.
Prosegur Alarms: increased sales, improved service and recurring cash flow
During the first half of the year, Prosegur's alarm business, both Prosegur Alarms and Movistar Prosegur Alarmas (MPA), experienced solid growth in its customer base, exceeding the one million connection mark worldwide.
Likewise, both Movistar Prosegur Alarmas and Prosegur Alarms have seen significant improvements in monthly recurring revenue (ARPU), with growth of 1.8% for MPA and 12.7% for Prosegur Alarms.
In terms of profitability during the first half of the year, Prosegur Alarms has experienced significant growth in its service margin, 14.8% (0.2% for Movistar Prosegur Alarmas). These indicators resulted in recurring cash flow of €65 million for MPA and €44 million for Prosegur Alarms, representing increases of 30.2% and 23%, respectively.
Recent highlights
Prosegur achieved several significant milestones in the first half of 2025. The company obtained an improved rating for its environmental, social, and corporate governance (ESG) management, according to the S&P Global Corporate Sustainability Assessment (CSA) 2024.
In addition, Prosegur was included in the Ibex Gender Equality index in June, positioning the company among the Spanish listed companies with the best practices in gender equality. Another milestone in the first half of the year was its inclusion in the Forbes list of the 100 Best Companies to Work For in Spain.